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(SUDARSCHEM) Sudarshan Chemical complete technical analysis [charts+indicators] | Buy/Sell Sudarshan Chemical | (SUDARSCHEM) share price targets

Complete technical analysis of Sudarshan Chemical (SUDARSCHEM) by charts plus indicators, forecast predictions and share price targets for Sudarshan Chemical (SUDARSCHEM)

Sudarshan Chemical trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Sudarshan Chemical is 243149

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	610.00	626.50	629.50	595.00	1.283 times
22 Fri Mar 2024	621.75	596.00	626.00	593.15	3.238 times
21 Thu Mar 2024	589.70	578.10	595.55	576.95	1.648 times
20 Wed Mar 2024	576.65	583.20	590.00	573.25	0.946 times
19 Tue Mar 2024	583.20	578.00	584.00	573.50	0.545 times
18 Mon Mar 2024	577.15	565.95	581.85	560.05	0.506 times
15 Fri Mar 2024	574.35	562.20	577.00	559.95	0.37 times
14 Thu Mar 2024	571.85	551.00	575.00	540.20	0.626 times
13 Wed Mar 2024	549.70	569.85	571.45	535.15	1.269 times
12 Tue Mar 2024	563.55	564.75	568.00	548.20	0.478 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 617.2, for a target of 598 or 582.05

Share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Target	448.60
Downside Target	496.00
Downside Target	535.15
Downside Target	557.35
Downside Target	595.00
Downside Target	596.95
Downside Target	599.95
Upside Target	613.00
Upside Target	626.00
Upside Target	629.50

Intraday share price targets for Sudarshan Chemical (SUDARSCHEM)

Target Type	Value
Downside Intraday Target	593.5
Downside Intraday Target	577
Upside Intraday Target	628
Upside Intraday Target	646
Upside Intraday Target	611.5

Weekly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	610.00	626.50	629.50	595.00	0.186 times
22 Fri Mar 2024	621.75	565.95	626.00	560.05	2.207 times
15 Fri Mar 2024	574.35	599.95	599.95	535.15	1.754 times
07 Thu Mar 2024	584.50	595.40	596.95	557.35	0.589 times
02 Sat Mar 2024	592.40	607.00	613.00	575.60	0.341 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sudarshan Chemical (SUDARSCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	610.00	588.15	629.50	535.15	0.436 times
29 Thu Feb 2024	587.95	526.00	613.00	505.00	3.315 times
31 Wed Jan 2024	525.40	546.00	564.40	500.95	0.495 times
29 Fri Dec 2023	549.00	456.25	566.00	456.25	2.733 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sudarshan Chemical (SUDARSCHEM)

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sudarshan Chemical ( (SUDARSCHEM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sudarshan Chemical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sudarshan Chemical in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sudarshan Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sudarshan Chemical in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sudarshan Chemical is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 592.22 and Sudarshan Chemical (SUDARSCHEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sudarshan Chemical (SUDARSCHEM) stock. Volume based technical analysis of Sudarshan Chemical (SUDARSCHEM) stock is negative.

Sudarshan Chemical Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.